Guangdong Mingyang Electric Co.,Ltd.

SZSE:301291 Stock Report

Market Cap: CN¥12.4b

Guangdong Mingyang ElectricLtd Valuation

Is 301291 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 301291 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 301291 (CN¥39.6) is trading above our estimate of fair value (CN¥19.19)

Significantly Below Fair Value: 301291 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 301291?

Key metric: As 301291 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 301291. This is calculated by dividing 301291's market cap by their current earnings.
What is 301291's PE Ratio?
PE Ratio20x
EarningsCN¥616.83m
Market CapCN¥12.36b

Price to Earnings Ratio vs Peers

How does 301291's PE Ratio compare to its peers?

The above table shows the PE ratio for 301291 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32.4x
688676 Hainan Jinpan Smart Technology
25.9x33.6%CN¥14.9b
601096 Hsino Tower Group
55.7xn/aCN¥11.9b
200771 Hangzhou Turbine Power Group
25.8xn/aHK$12.0b
603050 Shijiazhuang Kelin Electric
22xn/aCN¥5.9b
301291 Guangdong Mingyang ElectricLtd
20x24.2%CN¥12.4b

Price-To-Earnings vs Peers: 301291 is good value based on its Price-To-Earnings Ratio (20x) compared to the peer average (32.4x).


Price to Earnings Ratio vs Industry

How does 301291's PE Ratio compare vs other companies in the CN Electrical Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
300023 Bode Energy Equipment
3.6xn/aUS$51.42m
No more companies available in this PE range
301291 20.0xIndustry Avg. 35.1xNo. of Companies38PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 301291 is good value based on its Price-To-Earnings Ratio (20x) compared to the CN Electrical industry average (35.1x).


Price to Earnings Ratio vs Fair Ratio

What is 301291's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

301291 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20x
Fair PE Ratio25.4x

Price-To-Earnings vs Fair Ratio: 301291 is good value based on its Price-To-Earnings Ratio (20x) compared to the estimated Fair Price-To-Earnings Ratio (25.4x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 301291 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥39.60
CN¥46.87
+18.4%
9.1%CN¥51.00CN¥41.00n/a3
Nov ’25CN¥37.25
CN¥46.87
+25.8%
9.1%CN¥51.00CN¥41.00n/a3
Oct ’25CN¥38.50
CN¥42.93
+11.5%
13.8%CN¥51.00CN¥37.00n/a3
Sep ’25CN¥29.70
CN¥42.93
+44.6%
13.8%CN¥51.00CN¥37.00n/a3
Aug ’25CN¥31.74
CN¥45.27
+42.6%
10.9%CN¥51.00CN¥39.00n/a3

Analyst Forecast: Target price is less than 20% higher than the current share price.


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